"Designing Growth Strategies is in our DNA"

Monensin Market Size, Share and Global Trend By Animal (Poultry, Cattle), Therapeutic Class (Antibacterial, Antiprotozoal, Antifungal), Application (Coccidiosis Prevention, Growth Promotion, Feed Efficiency Improvement) and Geography Forecast till 2026

Region : Global | Report ID: FBI100321 | Status : Ongoing

 

KEY MARKET INSIGHTS

Coccidiosis is a type of parasitic infection caused by protozoa belonging to the genera Eimeria or Isospora. Coccidiosis usually results in infection in the intestinal mucosa of the animal and can spread from infected animal to another through contact with the infected faeces or by uptake of infected tissue. Monensin, a polyether antibiotic obtained from Streptomyces cinnamonensis is extensively used in the animal feed to prevent coccidiosis. Monensin has a wide application in the dairy and beef industries.

Monensin is also added to the animal feed the improve the efficiency of the feed and faster growth of the cattle. The gradual upsurge in the meat and dairy industries have also resulted in increased demand for monensin additive. Since cattle industry has a major contribution in the growth of many economies in the world, there is active government support to maintain animal health by establishing government funded veterinary centres, feed testing facilities, awareness programs and others.  

To gain extensive insights into the market, Request for Customization


The growth in global monensin market is being driven by the rising concern on animal feed and nourishment, increased government support for animal health and rising prevalence of coccidiosis. Furthermore, the rise in number of beef and dairy industries across the world is anticipated to fuel the global monensin market during the projected period. 


However, the harmful chemical property of monensin and the risk of serious illness in horses due to the uptake of monensin as horses are very sensitive to monensin are the major factors that are expected to restrain the growth in global monensin market.


Key Players Covered


Some of the major companies that are present in the global monensin market are Elanco, Ceva, Bio Agri Mix, Merck KGaA, Huvepharma, BioLegend Inc., Cayman Chemical, Santa Cruz Biotechnology Inc., Hubbard Feeds Inc., Hi-Pro Feeds LP, and other players.


 SEGMENTATION


























 SEGMENTATION



 DETAILS



By Animal



·      Poultry


·      Cattle



By Therapeutic Class



·      Antibacterial


·      Antiprotozoal


·      Antifungal



By Application



·      Coccidiosis Prevention


·      Growth Promotion  


·      Feed Efficiency Improvement



By Geography



·      North America (USA and Canada)


·      Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)


·      Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)


·      Latin America (Brazil, Mexico and Rest of Latin America)


·      Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)



                               


In terms of application, coccidiosis prevention segment is likely to dominate the global monensin market in the anticipated period, primary reasons being the rising incidences of outbreak of coccidiosis infection and increased use of monensin.


Key Insights



  • Regulatory scenario for key countries

  • Pipeline Analysis

  • Recent industry developments such as partnerships, mergers, and acquisitions


Regional Analysis


The global monensin market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The growth in monensin market in North America is likely to propel in the forecast duration owing to the presence of local manufacturers and rising incidences of coccidiosis. In Europe and Asia Pacific, the monensin market is anticipated to register a significant growth by 2025, due to the rise in cattle population in these regions and government aids granted for animal health.


Key Industry Developments



  • In September 2018, Huvepharma acquired the animal health business of Neovia from InVivo Group, to expand the livestock animal health products.

  • In March 2019, Canadian Food Inspection Agency revised the Monensin-medicating ingredient brochure, to be used for poultry animals.

  • In April 2017, Huvepharma acquired CORID trademark from Merial, Inc., which is now a part of Boehringer Ingelheim International GmbH. CORID is added to cattle feed to prevent coccidial infection, and the addition of CORID to the company’s product portfolio will complement their feed additive strategy.

Monensin Market Size, Share and Global Industry Trend Forecast till 2026
  • Ongoing
  • 2019
  • 2016-2018

    CHOOSE LICENSE TYPE

  • 4850
    6850
    8850

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Healthcare Clients

Logo_Merck_KGaA_2015
DUPONT
novo-nordisk
Sedana-Cyan-Black-Tag
lpsos

Client Testimonials

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . More info.
X